greenfields

The supermajor expects output to double to about 600,000 B/D as a result of a new agreement with one of its joint ventures in Venezuela.

This paper illustrates a case study from a greenfield oil development in Sarawak that is planned for a fit-for-purpose development scope to create value and develop oil resources in a phased manner within 4 years of project framing.

This paper presents a reduced physics-based model that accelerates the ability to screen infill-location optimization, using the fast marching method to maximize production for a reservoir with multiple realizations.

The joint venture with Nigeria's Sunlink Energies aims to deliver first production before 2030.

The $5-billion Tiber-Guadalupe project in the Gulf of America is BP's second major project in the region to be sanctioned in 2 years.

This paper presents a complete digital workflow applied to several greenfields in the Asia Pacific region that leads to successful deep-transient-testing operations initiated from intelligent planning that positively affected field-development decisions.

Using a new model, the federal agency said deepwater operations will drive the region's production to 1.9 million B/D next year.

The field represents the offshore industry's proving ground for "20K-rated" technologies needed to unlock other high-pressure reservoirs.

The Persian Gulf nation is hoping that offshore exploration will help boost its production capacity to 4 million B/D by next decade.

This paper details how the reservoir modeling workflow can be accelerated, and uncertainty reduced, even for challenging greenfield prospects by constructing multiple small fit-for-purpose integrated adaptive models.